Hedge Fund Manger Plans More Funds
Rhicon Currency Management, a hedge fund manager with over USD250 million in assets under management, plans to launch two funds next year. One will be a futures trading fund and the other will be a systematic currency trading fund, according to Peter Jacobson, managing director in London.
The currency fund will trade short-term trends and counter-trends. "We have tried to keep this simple to catch the fundamental signals," noted Jacobson.